News
HSBC plans record-breaking SIV
HSBC has launched the largest ever structured investment vehicle (SIV) launch, with an initial portfolio of over $6 billion, called Asscher Finance.
Deutsche Bank expands integrated investment solutions team in New York
Deutsche Bank Securities has expanded the integrated investment solutions group within its global markets division, with the appointments of Phil Li as a director, and Robert Painter and Guillermo MacLean as vice-presidents.
Deutsche tests liquidity with €2.2 billion synthetic trade
Deutsche Bank has executed a €2.2 billion collateralised debt obligation (CDO) trade, which assumes the risk of a portfolio of synthetic products managed by UniCredit Group (HVB).
Deutsche rejigs global markets roles
Deutsche Bank has appointed Wolfgang Matis as head of global markets for its trading and structuring division in Europe.
IMEX poaches chief executive from GFI
International Mercantile Exchange Holdings (IMEX), the Doha-based company that grew out of the Gulf Energy investment fund, has announced the appointment of Steven McMillan as its chief executive.
EDF Trading builds its natural gas business in Spain
EDF Trading, the subsidiary of French utility EDF, responsible for wholesale energy market activity, has been granted a licence to trade physical natural gas in Spain and plans to start delivery of physical gas to market counterparties later this year.
ETG Capital opens energy hedge fund
Houston-based hedge fund firm ETG Capital Management has launched an energy fund.
World Energy acquires EnergyGateway
World Energy Solutions, an operator of online exchanges for energy and energy related products, has completed the acquisition of EnergyGateway, a leading online broker of natural gas and electricity for commercial and industrial consumers in the United…
DME reveals initial volumes
The Dubai Mercantile Exchange (DME) has revealed volumes from its first two trading days.
EDF Energy to cut CO2 emissions by up to 60%
UK utility EDF Energy, part of the EDF Group, has committed to reduce the carbon intensity of its electricity generation activities by 60% by 2020, in part by building new nuclear capacity.
UET selects Monaco gas scheduling solution
Gas service company United Energy Trading (UET) has selected NewEnergy Associates’ Monaco solution to facilitate their front to back-office activities.
ETF growth means AUM will top $2 trillion by 2011
The global trend of growth in exchange-traded funds (ETFs) looks set to continue, spurred by a rise in institutional investor participation and geographical growth.
Q-Wixx CDS platform is launched
Q-Wixx, the New York-based electronic platform for trading large portfolios of single-name credit default swaps, saw its formal launch yesterday evening.
USFE to trade government agency debt futures
The US Futures Exchange (USFE), the Chicago-based exchange majority-owned by Man Investments, has announced its plan to trade US government agency debt futures by the end of the year.
Dresdner's head of global finance quits
Garrett Curran, head of Dresdner Kleinwort’s global finance group, left the bank today.
Technical problems affect LIFFE futures trading
Technical problems yesterday morning caused the London International Financial Futures and Options exchange to halt trading of its Euribor and CAC40 futures products.